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International Business Times
International Business Times
Business
Matt Emma

Small Business Growth Alliance (SBGA) Explains Why Every Small Business Needs a Business Continuity Plan

A Business that plans ahead is the one that survives. Small Business Growth Alliance (SBGA) believes every small business needs a business continuity plan. Being prepared is not simply a competitive edge anymore; it is indispensable for survival and growth.

In 2024, the average global cost of a data breach hit $4.88 million, according to IBM. Most small businesses will never face losses that high, but even a single cyberattack, supplier issue, or natural disaster can cause days or weeks of downtime that few can afford. Disasters frequently disrupt operations, damage customer relationships, and strain cash flow for unprepared businesses. These risks are now a regular part of doing business.

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